The 2017 financial year at Jungheinrich: double-digit growth - forecast met

Hamburg (ots) -

- Net sales: +11 per cent, value of incoming orders: +11 per cent
and units: +13 per cent
- Net income: +18 per cent
- Dividend: +14 per cent
- Strong demand in the core market of Europe and logistics systems
business
- Net sales forecast for 2018: EUR3.6 - 3.7 billion

Jungheinrich is pressing ahead on its growth path and has closed
the 2017 financial year with a considerable increase in all key
indicators. In particular, this positive trend is driven by new truck
business in the core market of Europe and strong growth in the
logistics systems business.

Hans-Georg Frey, Chairman of the Board of Management of
Jungheinrich AG:

"Jungheinrich has once again delivered, meeting its forecast.
Together with our 16,000 employees, we are continuing our strong
growth and hitting new heights. As a result, key milestones have once
again been achieved on the road to our target of EUR4 billion in net
annual sales for 2020.

Our strategic position - especially in respect of the megatrends
of electric mobility, automation, digitalisation and
interconnectivity - gives us a major edge. Thanks to our energy
expertise, which is unparalleled in the industry, we managed to win
the largest truck contract in the company's history in 2017 - more
than 1,000 trucks, all fitted with lithium-ion technology. More and
more customers are entrusting us with the automation of their
warehouses in order to meet their intralogistics challenges in the
field of e-commerce. As a result, Jungheinrich is successfully
positioning itself as an innovative provider of tailor-made
warehousing solutions.

Jungheinrich is a different company compared to five years ago -
since 2013, we have increased net sales by 50 per cent, almost solely
by organic means. We are now represented in 39 countries with our own
direct sales operations. We will continue to pursue this course.

Based on the anticipated positive market trend in 2018, we expect
incoming orders of between EUR3.75 billion and EUR3.85 billion and
net sales of between EUR3.6 billion and EUR3.7 billion. We believe
that EBIT will be between EUR270 million and EUR280 million."

Our 2017 Annual Report along with further information can be found
at www.jungheinrich.com

2017: The Jungheinrich Group at a Glance

FY 2017 FY 2016 Change (%)

Incoming orders (million EUR) 3,560 3,220 10.6
Incoming orders (units) 123,500 109,200 13.1
Production (units) 120,100 106,300 13.0
Net sales (million EUR) 3,435 3,085 11.3
EBIT (million EUR) 259 235 10.2
EBIT ROS (%) 7.5 7.6 ---
EBT (million EUR) 243 216 12.5
EBT ROS (%) 7.1 7.0 ---
Net income (million EUR) 182 154 18.2
Number of employees (FTE, 12/31) 16,248 15,010 8.2

Contact:
Martin Wielgus - Head of Corporate Communications
040 6948-3976
0151 54255852
martin.wielgus@jungheinrich.de
www.jungheinrich.de

Original-Content von: Jungheinrich AG, übermittelt durch news aktuell